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Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007
0

Re: (re)Bucketed?

I can only speak for myself. No changes in anything. Clean before clean now. 2 of 6 cards reporting balances now and then as well. Same dollar amounts across the two cards. Well under 4% of  credit limits per card and total available. Same reasons for score not higher. TU no installments open not long enough revolving history. EX short credit history not long enough revolving history. My EX has gone from 826 to 787 over the course of the past year. No credit report changes other than my cards have more age on them. My AAofA was 6 years a year ago close to 7 now. That wouldn't put me in a new bucket.

Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008
0

Re: (re)Bucketed?


AndySoCal wrote:

Changes in your credit profile/characteristics will change the bucket you are in. Here are a couple of examples haveing derog information on your credit report to having no no derog information on you report.. Heavy credit utilization to some credit utilization (> 10%) The FICO score has several score cards. Another possible sign is a change in the score reasons shown on your report IE a new one(s).


Utilization is not a bucket.

Valued Contributor
AndySoCal
Posts: 1,895
Registered: ‎04-07-2009
0

Re: (re)Bucketed?

[ Edited ]

Level of level indebtedness might be. The FICO score has about 10 scorecards or buckets. To my knowledge no one knows what the score cards or what they are composed of. If you do know name them.

Equifax My FICO score 815 5/28/2012, 818 on 7/28/2014 . Average of Accounts 12 years and no Installment accounts. MyFICO TU 810 6/26/2012 809 4/21/2013 MyFICO XPN -805. 2/26/2014 Discover TU FICO 813 App free since 9/2011
Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008
0

Re: (re)Bucketed?


AndySoCal wrote:

Level of level indebtedness might be. The FICO score has about 10 scorecards or buckets. To my knowledge no one knows what the score cards or what they are composed of. If you do know name them.


If you haven't read this.  http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Re-bucketing/td-p/1434216

 

I have nothing to show utilization is not a bucket but was told by a very reliable source it is not.

 

 

 


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